Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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NYC Moves to Ban Central Park Horse-Drawn Carriages From Central Park
New York City lawmakers are moving to ban horse-drawn carriages from Central Park, signaling the end of a 150-year tradition that has long been a staple of Manhattan tourism. The City Council is expected to vote next week on legislation that would phase out the industry entirely by 2028. The legislative push gained critical momentum following the death of 18-year-old Romanch Mahajan, a tourist from India who died last spring. Mahajan was killed after jumping from a runaway carriage to assist h
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Netflix Announces ‘Young Thug On Trial’ Documentary
The highly publicized and controversial legal battle involving Atlanta rapper Young Thug will be the subject of a new feature-length documentary titled “Young Thug On Trial,” slated for release on Netflix in 2027. The film aims to provide a comprehensive look at the YSL RICO case, which became one of the longest and most complex criminal proceedings in Georgia history. The project is being produced by Passion Pictures and directed by Shianne Brown. Executive producers Kari Lia and Hamish Fergu
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50 Cent Reveals New Eminem Album News At Street Fighter Red Carpet
50 Cent has shared an unexpected update about Eminem’s next album, revealing why the Detroit rapper abandoned plans for the upcoming Street Fighter soundtrack. During the film’s premiere, the hip-hop mogul confirmed that his longtime friend initially intended to contribute music to the project. However, Eminem reportedly changed course to concentrate on recording his next studio album. 50 Cent, who also appears in Street Fighter, smiled while discussing Eminem’s decision, seemingly aware that
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Kamala Harris says she’s still ‘Undecided’ about another Presidential Run
Former Vice President Kamala Harris is keeping her political future open, but she isn’t ready to announce another presidential campaign. During a recent appearance on Keke Palmer’s podcast, Baby, This Is Keke Palmer, Harris addressed speculation surrounding a potential 2028 presidential bid. The conversation, released Tuesday, Oct. 13, covered life after the White House, voting rights and the upcoming midterm elections. As the interview wrapped up, Palmer asked Harris the question many America
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